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HomeFarming News€335,000 for ‘charming’ farmhouse on 23-acres at auction
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€335,000 for ‘charming’ farmhouse on 23-acres at auction

A ‘charming’ farmhouse on circa 23-acres, which was featured on That’s Farming, sold for a collective sum of €335,000 at auction yesterday (Wednesday, August 26th).

The auction of the residence, farmyard and lands at Glenogue, Ballyfad, Gorey, Co. Wexford was relocated from the Ashdown Park Hotel to Carnew Mart due to revised Covid-19 restrictions with attendance “kept to a minimum”.

The wearing of face masks among attendees was mandatory and social distancing was in force, according to selling agent, David Quinn.

Guide price of €260,000-€300,000

Prior to the auction, Glenogue was guided at between €260,000 and €300,000.

The property was offered in the following lots;

  • Lot 1: Residence on C. 10-acres;
  • Lot 2: C. 13-acres;
  • Lot 3: The entire.

Description:

“This most attractive property enjoys a stunning location, 2km from Ballyfad village on an elevated site with glorious views over the north Wexford/south Wicklow coastline,” explained Quinn, who added that the village has a shop, church and primary school.

The residence, farmyard and c. 10-acres are on the eastern side of the road with the remaining c. 13-acres on the western side. The area is noted for its natural beauty with Croghan Mountain forming the backdrop.

It also offers an array of country pursuits including hill walking, trekking, nature trails and golf. Bus and rail links are available in Arklow and Gorey.

“The residence is a traditional stone-built farmhouse oozing ‘olde worlde’ charm. A block-built extension was added in recent years.”

The land, immediately adjoining the house, is divided into three fields, of good quality and is currently in grass, the selling agent added.

The second lot of land, on the western side of the road, has good frontage and, again, is of “good”  quality.

“This land is divided into three divisions, all of which are currently in grass. This land enjoys spectacular views and may have site potential.”

Accommodation includes an entrance hall; living room; kitchen and three bedrooms.

There is a carport attached to the house and a range of both stone and block built out-offices including a 2-span ‘A’ framed shed 10m x 17m and a 2-span round roof shed with two lean-tos 25m x 10m.

Other features include oil-fired central heating, a private well and septic tank.

Auction

“With a solitary bid of €330,000 placed on lot 3 (the entire) and no further offers, it was clear that there would be a greater demand for the property to be split into lots 1 and 2.”

“Indeed, lot 1 attracted four bidders, with an initial offer of €150,000 and a final bid of €250,000.”

“There was also solid interest in lot 2 with 3 active bidders, bidding peaked at €85,000 following an opening offer of €70,000. As such, the total price equated to €335,000, a good return for the vendor.”

Auctioneer, David Quinn, said the result “proves that the land market in North Wexford is continuing to perform strongly”.

Image source: Quinn Property

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